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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXY
Discretionary
SIXY
Discretionary
SIXY
-4.61%
2,199.37
-106.31
-4.61%
2,305.682,241.342,241.342,189.45
SIXC
Communications
SIXC
Communications
SIXC
-3.46%
550.58
-19.75
-3.46%
570.33570.33570.33549.95
SIXI
Industrials
SIXI
Industrials
SIXI
+1.77%
1,835.18
+31.96
+1.77%
1,803.221,802.041,844.661,802.04
SIXR
Staples
SIXR
Staples
SIXR
-1.32%
841.74
-11.29
-1.32%
853.03845.96845.96837.25
SIXV
Health care
SIXV
Health care
SIXV
+1.29%
1,631.60
+20.77
+1.29%
1,610.831,614.141,633.221,608.88
US market summary
Major stock indexes fell significantly on Thursday, with the Nasdaq Composite plunging over 2% to lead the losses. Investor anxiety spiked after early second-quarter financial reports from leading tech firms reignited concerns over massive expenditures on artificial intelligence infrastructure.
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Alphabet shares hit by capital expenditure worries
Shares of Google's parent company, Alphabet, plummeted roughly 7% following its latest quarterly financial results. Despite delivering solid numbers on paper, investors were spooked by the tech giant's projection raising its capital expenditures toward an estimated $200 billion.
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Tesla stock plunges as vehicle profit margins disappoint
Tesla shares tumbled approximately 15%, heavily dragging down both the S&P 500 and the Nasdaq. The selloff was triggered by second-quarter earnings that fell short of Wall Street estimates combined with news that the electric vehicle maker recorded negative free cash flow due to accelerating infrastructure spending.
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Global crude benchmarks surge on intensifying Middle East conflict
Brent crude oil futures spiked past the $100 per barrel mark for the first time in two months after attacks on Saudi tankers in the Red Sea. The sudden escalation in the U.S.-Iran conflict has injected fresh inflation fears into the broader financial markets, contributing to a spike in the 10-year Treasury yield.
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